How To Plan Your Trades & Have The Proper Expectations
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- Опубліковано 23 тра 2016
- Please read tim.ly/sykesexpose it answers a TON of questions of why/how I teach, but I owe you all an apology for my attitude/tempter lately, it's frustrating when my lessons aren't followed/taken the wrong way...today is a GREAT example of some disappointing trading and that's the norm, not every play is going to work out exactly the way you want so learn to be prepared and have the proper mindset ahead of time
Had my second real trade today on GBSN and made 108$ in ten minutes which is more than I made all night at work lol. Accounts up 86$ already on only 1000$ positions! Thank You for the uploads Tim.
He's right. When I started, my first 3 months I've been losing about 80% of the time. But I kept studying and learning from my (really stupid) mistakes. Now, I'm on a big win streak. I still know that I have a lot to learn, but it feels good to have all that work start to pay off. Thanks Tim!
12:30 That is one of the most inspiring things I've heard you say! I've watched well over 100 videos and still going :D
You're truly a rarity in this world. Im really tempted to buy your DVDs after months of reading and watching videos of you trying to find that "aha I knew he is full of shit" peace of information but I must say....I haven't found it. And don't think I will. Someone who really wants to put in the work and learn you are the right teacher. Your a good guy Tim!
I could give you plenty
imo no apology necessary... thx for the video! #eagertolearn
I agree 100%.
I believe what your teaching is my one way ticket out of poverty... thanks tim!
Absolutely, please keep trading a small account in real-time. It's incredibly inspiring that you've taken that $12k account and 4X'ed it into $48k in 5 months. It really is possible. Thanks, Tim!
Congrats on 100,000 subscribers on UA-cam! Well deserved👍👍
as a newbee...I appreciate the honesty...helps me in my humble challange and thankful for a gain everyday...
I'm just starting out, literally brand new to this and just wanted to let you know how valuable and influential its is to see you trade with a small account! It would be nice seeing a larger account however, NEVER underestimate the educational benefits to seeing a small account grow and appreciate over the course of a year!
This was probably one of your more informative videos. You weren't as riled up in this one so your explanations were more concise and clear. The length was fine; I personally enjoy longer videos when they're informative. I only recently discovered your videos about two weeks ago, and it has inspired me to finally take my first steps into trading. Up to this point, I've lost pretty much every single trade, but hey, I guess I'm practicing how to cut my losses. Everything is still so new to me, and I still have so much to learn. This video has given me that little push that I needed to stick to it. I haven't given up yet!
Keep trading a small account. That helps us the most. Man i sucked bad last 2 weeks trading. Im going back to paper trading to prove my worth first. Ill be in chatroom 6am
Your the best teacher, and the most passionate, I cant wait to buy your dvds very soon
you're awesome Tim. Don't be sorry for anything. I enjoy the small account and you swearing as well!
Keep doing what your doing Tim, I'm learning a lot as your videos keep coming. The smaller account certainly is giving myself and I'm sure others with smaller accounts, confidence.
Thank you for uploading, I'm not trading as frequently as i'd like to but i appreciate having your uploads. I only want more, When i am ready to trade i'm excited to learn your methods and apply them to my trades.
your a great teacher and having temper makes students take you seriously and in check ...
On DVD 11/13 of How to Make Millions. Noticed some of the patterns this week that you were talking about in that series. Looking forward to getting back to the states and puttin in #hardwork
Tim you inspire me. Thanks. I've written journals, hundreds of pages from all your lessons. I will soon apply to be your student.
trading with a small acct. ...is perfect. ..thank you so much
i wouldn't consider it losing your temper but rather constructive criticism. Keep it up #eagertolearn I'm hooked on your videos.
Much respect for you sir.
Hey Tim! The last couple of weeks i have spent most of my free time watching your video lessons, trying to learn more about trading penny stocks. For the first time i have been studying the exact same stocks you bring up in this video and i really feel ready to start trading thanks to you.
Like most people i learnt to be happy if your account went from 500$ to 700€ in a year. Now i see more is possible. I feel ready, thanks for all the great info mate.
Thank you Tim. I will be safe on my trade.
You should start 2017 with a small account, maybe even $5k this time around or less!
Like how you trade with a small account because it's even more relatable and we grow along with you throughout the year
Thanks for this upload, and all of your uploads too, Tim! We all have those moments when we're too infatuated with ourselves, but I don't think you should apologize for it-you transformed a 5 figure account into a 7 figure account in quick time, and you're an awesome teacher! I'm 15, and I've been doing research on penny stocks by reading books and watching your youtube channel. I need to stay disciplined and keep learning, but when I do feel ready, is it possible to set up a custodial account in which I can trade before I'm 18? Once again, thanks for all your videos, articles, and most importantly, being real with yourself and everyone you're reaching out to.
The small account you started with is beneficial for both new and experienced traders. First of all, it helps new traders pick certain stocks and develop their knowledge of position sizes. Second of all, it helps experienced traders trade more conservatively and still be somewhat profitable. 12k you started with is sufficient imo. Personally, i couldn't be fucked showing embarking on a journey to grow a small account again (all though the most fun I had trading was when my account was at around 3-5k and trying to grow it to 8k, then 10 then 15k etc). The skills you learn render your account size irrelevant because most if not all can be applied whether your account is 5k or 50k, the independent variable is the size. Study, grow your account, take bigger positions and be humble or the market will humble you (take small losses because the market will rob you!). Good work Tim, even though I'm not in your millionaire challenge program i can appreciate what you're teaching.
Hey Tim, sorry if this is stupid but do you have a video on UA-cam showing how to set up your account the correct way, or is there a dvd I need to buy for that
This is what I needed!
Tim,
Anyone getting upset because you flash money, vacations, and cars you don't want as a student anyway. (Maybe just their monthly subscriptions..but that's about it;) Your real students LOVE watching your lifestyle videos and those are the people you really do it for. Nothing comes easy....the people who will be at or above your level are already on their way! Thanks for the many affordable dvd's, blogs, and youtube lessons on how to do this trading game the right way! We need more showing off videos....give us more! lol Mazel Tov!
Great video, no need for apology, that's just the hard reality of this business. Emotions are tempered and tested. I do have a question however, I haven't bought HTMM yet but I will be soon, but does HTMM also teach how to swing trade these small cap movers. For example if someone has a day job or works fulltime and cannot daytrade but would like to swing trade, would HTMM teach them to recognize a multiday pattern that someone could set a limit order for at night (along with Take profit and stop loss brackets) and then sell it say like 3 days later or something? Thanks
100k subs been watching since 1.5 years ago
Battle tested teachers are the best
you guys are so lucky living in US!!! the Australian market sucks, maximum volatility is like 20% in a good day and its on 2 or 3 companies and mostly they are not liquid enough. Also SHORTSELLING is not allowed here!!! so technically i cant make a profit at all from a falling market. i studied most of your guides and video lessons as well how to make millions DVD just to come to the conclusion that i wasted my time since I'm living in Australia...
How do you know what spikes are going to have potential to spike big the next day?
I love the small account because it makes it seem more realistic for people that are starting out small!
where do you go to do the research that reveals these penny stock companies? like how do you find the companies that may potentially be good to trade. Thanks
glad you mentioned clrb. with my new account of only 500 euro(just to get a feel of the system) i decided to buy clrb 100 shares. was up 80 euro at the opening yesterday and i thought wow it did what i expected which was to continue up after friday and after reading the patent news that they had. but sadly now i am 100 euro poorer as i held out way too long. still have the shares but i just wanted to test myself and how i reacted to the small win and small loss. basically i was not too bothered because i knew the risk and allowed for it. your lessons have obviously done the job because i am somebody totally new(a few weeks into trading) so will see how i progress.
+Timothy Sykes yes. you should always learn from mistakes. and by the way it pays to be a good guy sometimes in this world full of scammers etc. you reap what you sow. ppl can say what they want in reviews about you but i am usually a good judge of character and i like you as a person.that goes a very long way. keep up the good work and stay humble( it suits you)
When you say you were buying here and then selling there can you please explain why you were buying there? and what was the mindset going into the trade? Thanks!
Transparency, both in trading and personality, that's why we're here. But lets be honest... some of us like the abuse lol.
hey tim what amount of money should i start trading with so i can actually get reasonable and safe amount of growth?
You keep saying sorry for your attitude but I am not sensing an attitude at all!!! Thanks for the video.
JESUSSSSS ILY TIM
im saving alot of money to trade it in penny stocks but i need some Knowledge to trade as fundation and you are helping me very well now i only need to sign for some lessons #eagertolearn btw im 18 years old and im from the netherlanda
#inspired
Tim out here acting like Kanye. Yeah we all need a reality check from time to time! LOL
Tim, your orange lambo is lame. Shoulda got it in black. Really like your videos and alerts chatroom though, I've learned a ton.
Good Lesson✔︎ Y.N.M♛
trade with small account 😎
Keep trading with small account please
Piece***
Wow I didn't realize you where Human. Ha Nice Apology. We all need to do that some time. Now get back to Teaching. :)
Keep trading with a small account.
lol dude I been caught in all the straight garbage(MGT, XGTI...) gotta pick my plays better.
Small account
Gotta lose money to make money
I think you should open and start $2,000 account.